Skip to main content

About your Search

20121205
20121205
STATION
CNNW 15
FBC 10
CNBC 9
MSNBCW 8
CSPAN 6
KPIX (CBS) 5
KTVU (FOX) 5
CSPAN2 4
KQED (PBS) 2
KRON (MyNetworkTV) 2
WBAL (NBC) 2
WETA 2
WUSA (CBS) 2
CNN 1
( more )
LANGUAGE
English 90
Search Results 0 to 49 of about 90 (some duplicates have been removed)
week. avoiding the fiscal cliff is coming down to taxes. president obama told bloomberg tv yesterday he is willing to be flexible, but there will be no deal unless republicans agree to raise income tax rates on the top 2% of wage earners in america. this week the gop offered a proposal that continues tax breaks for everyone while making cuts to medicare and social security. the president and democrats say the lack of a tax hike on the wealthy is leaving budget talks at an impasse. "60% of americans support asking millionaires to pay slightly more. many republicans feel the same way. the only ones who feel differently are the ones who work in this building. we can't let these negotiations be dictated by the tea party." "we've wasted an enormous amount of time here sparring back and forth in public, and it strikes me it's a good time to get serious about the proposals. traders are keying off market moves for clues about the economy. scott bauer of trading advantage joins us now. scott, what is the gold market telling traders about the prosepects of the economy going over the fiscal cliff
for these massive spending cuts that would come at the end of the year if we go over the fiscal cliff. the white house saying they don't expect we will. they still hope it can be prevented, but they have to start planning. also, speaker of the house john boehner meeting with small business leaders on capitol hill where he reiterated some of his key points. again, just within the past hour. take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing around that vi
and the house republicans not letting on their fiscal cliff stands. the fiscal cliff symbolizes time over tragedy. it will soon be a loss for many new york city commuters. but the tablet top your christmas wish list? we have the best of the best on "the willis report" coming up next can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is is trick to t my spot? [ male announcer break from the holiday stress. save on ground shipping at fedex office. heartburn symptoms causedelieve by acid reflux disease.y stress. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach condions may still exist. talk to your doctor about nexium. i have obligations. cute obligations, but obligatio.ming. i need to rethink th core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for e heart of your portfolio. f
supplies. send it back to you. >> thank you so much. when we come back, deal making in a post-fiscal cliff world. faber has an exclusive interview with the ceo of investment bank moelis and company. more in just a moment. >> announcer: the holiday season is here and that means lots and lots of photos with a certain someone. now you can display it in style with a picture frame signed by the entire "squawk on the street" gang. if you can guess friday's nonfarm jobs number it's all yours. tweet your guess and don't forget hash tag nail the number. you have to be at least 18 years of age to enter. sorry, kid. for all of the official rules and details, go to cnbc.com. you have until 8:29 a.m. eastern this friday morning. good luck and say cheese. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. ♪ you can stay in and like som
teetering on the fiscal cliff has pushed moms to come to capitol hill. >> tons of working moms who are barely able to make it work. >> reporter: silver spring maryland mom clara pager with 10-month-old cassady and a teddy bear in walking the halls of congress, but the stuffed animal is not for her child but for lawmakers. >> the teddy bear for representative wolfe. >> it steams like it's the middle class family -- seems like it's the middle class families who the cuts get made on because they don't have a voice here to speak for them. >> reporter: page is part of an online grassroots organization called momsrising.org, their goal? improve public policy for working families handing out teddy bears to lawmakers telling them they're putting moms and families in an unbearable situation. moms are going door to door telling lawmakers and handing them a book of stories how they're struggling to make ends meet as is and how falling off the fiscal cliff will further hurt their families. >> things like child care cost more than college. we have a 1/4 families living in poverty and it's not
inspire to you get fit? probably not. when we come back. ,,,,,,,,,,,,,,,, left the "fiscal cliff" tals all but frozen. so far - no een >>> tensions over tax hikes and spending cuts have left the "fiscal cliff" talks all but frozen. so far no face-to-face meetings have been scheduled between the democrats and republicans. cbs reporter danielle nottingham with the president's push now to sell his plan to american businesses. >> reporter: president obama asked business leaders this morning to support his plan to prevent a fiscal crisis. >> let's allow higher rights to go up for the top 2%, that includes all of you, yes, but not in any way that's going to affect your spending, your lifestyles. >> reporter: if no deal is reached between democrats and republicans before the end of the year, taxes will go up for everyone and automatic spending cuts will kick in. the president wants bush-era tax breaks to expire for households making $250,000 or more. republicans are adamantly opposed to that. >> closing loopholes, especially on those who are wealthy, is a better way to raise this revenue than rai
: a lot of the leadership and the players in these fiscal cliff discussions coming to the microphones moments ago. here is eric cantor, here is what he said. >> we have not had any discussion and any specific w-s thispecifics with this president about the real problem which is spending. we have got to do something about the spending. an obsession to raise taxes is not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on the wasteful spending in washington. we can't just keep borrowing money and raising taxes and roblem to go away. that is our point to the president. as the speaker said, we want to sit down with the president waoerbgs wan, we want to talk spefrs. w specifics. we put an offer on the table. he out of hand rejected that. where are the specifics, and the discussions, nothing is going on. meanwhile people of this country are the ones who suffer. we ask the president, be specific about the spending, so we can address the wasteful spending in washington and address the problem. martha: eric cantor and john boehner saying
cliff from a local congressman coming up. >> > >> >> pelley: finally tonight, dave brubeck was a jazz pioneer who kept his own kind of time. as a pianist and compose ever, he challenged the standard musical cadence with exotic rhythms and styles. brubeck, who would have turned 92 tomorrow, died today. anthony mason takes time out to remember his work. >> reporter: dave brubeck's music was a defining sound of jazz clubs in the '50s and '60s. a "time" magazine cover story in 1954 described him as a wigging cat with a far out wail. >> are there any rules for improvisation? >> you bet your life there are and the rules in jazz would just scare you to death. >> reporter: the son of a california cattle rancher and classically trained pianist, brubeck had a natural ear for melodies. at home in connecticut in 1961 he told walter cronkite -- >> it's like a baseball player or any athlete. he's only good when he instinctively does the right thing. the dave brubeck quartet's signature tune "tyke five" appeared on their landmark album "time out." released in 1959, it was the first jazz album to sel
the fiscal cliff. >> back and forth of offers. it's pretty clear the republicans aren't going to come to the table with anything reasonable. i'll be the one to say it, i know it will be disastrous and doom our economy for years to come, let's go over the [ bleep ] cliff. fine. just leave the negotiating tables and send us over the cliff. you know why? at least for a few seconds, it will feel like we're flying. >> all right. that's going to wrap things up for me today. thanks for your time. see you back here tomorrow at 11:00 eastern. joining me republican congresswoman diane black, atlanta mayor reid and on the power panel "time" magazine's karen tum multi. karen finney and republican strategist robert trainham. "now" with alex wagner is coming up. >> we have a spicy enchilada today. lawmakers are channeling their inner publicists in the fiscal cliff negotiations. that pr aside, are we any closer to common ground? and it if all this sounds familiar, it is. we will talk deal making and deja vu with ben jaman wallace walls, and the ranking member of the house budget committee congressma
sands corporation ahead of any tax increases that come could come out of the fiscal cliff negotiations. >>> and finally, politico reports ashley judd is seriously considering a run for mitch mcconnell's senate seat in kentucky. judd has talked with new york senator gillibrand and a democrat being pollster. judd is honored at being considered. and that's your morning dish of scrambled politics. now a check of your national weather. we turn to bill karins. he has the weather channel forecast for you. which continues to be a little toasty. >> a little balmy. >> put the sunscreen on. nice. >> you probably needed it in some spots. so many stories of flowers and trees and green glass and lack of snow out there. but things have changed. this map shows you where it's gotten colder and warmer compared to this time yesterday. and you notice that chicago is much colder right now. you've returned back to normal winter conditions, while the eastern seaboard is even warmer this morning than it was yesterday. yesterday it was very warm. we are watching a few showers out there, too, but these temperat
about the fiscal cliff when nothing we're doing is coming close to deal with these issues. melissa: we talk about how hard it is to simplify the tax code. our guest before you guys said the same thing. it could be really simple. we could put out three rates for people with absolutely no deductions exceptions. if you're in this group you pay 35% or whatever. make up your number. >> right. melissa: if you're in this group pay 30, and this group pay 25. no exceptions, no deductions that would be one page tax code. what is wrong with that, michael. >> because we live in a complex country with complex country. you don't want people, somebody with $50,000 of emergency medical expenses exactly the same as somebody who doesn't have those things? you want to tree somebody, the fact of the matter is you want to balance between simplicity and targeting. you want to balance between fairness and revenue. you need to make these --. melissa: who dids decides what is fair? get out there and we pick winners and losers we say who's problem is worth taxpayer dollars and who's problem is not the governmen
leaders that if they use the fiscal cliff to wage a deal they have another thing coming. >> it is a bad strategy for america and it is not a gamely play. >> the stalemate comes as both parties remain at odds on whether to raise taxes on the welty and how deep to cut entitlement programs like social security and medicare. >> just because we're at a stalemate doesn't mean we won't get to a deal. >> they explain that grand standing is part of the play book. >> they will use every day between christmas and new years to push back and forth to have each side air their grievances. >> lawmakers left town for a long weekend. except -- >>i will be here and will be available to sit down with the president. >> the white house did not say when the president will sit down with speaker boehner but we know that the president will hit the road to make his case on the fiscal cliff in detroit. >> the sheriff's office is trying to figure out what caused a vehicle to veer you have a the road and down an embankment. we were above the scene along winters run road just along singers run road. they had to free
can't see the light when it comes to the fiscal cliff. 28 days to go. what will it take to get a deal? >>> plus, the stern warning for syria from nato. the use of chemical weapons will bring an immediate reaction from the international community. we ask our panel if the united states will go to war. >>> and a new hollywood movie about the hunt for osama bin laden sparks oscar buzz and outrage. questions over just how much confidential information the film makers had access to. an "outfront" investigation. let's go "outfront." ♪ >>> good evening, everyone, i'm erin burnett. "outfront" tonight, let there be light. finally, some bulbs turned on in washington this evening. well, on the congressional christmas tree, that is. pretty beautiful. lights, love, camaraderie, song. but while our lawmakers took some time to celebrate together, they still weren't showing any spark when it came to negotiating a deal to avoid the fiscal cliff, which is the christmas present the country needs. today we heard president obama's response to the proposal that house speaker john boehner put on the table
central to this. and if they can come to a deal, then i think we can avoid the fiscal cliff. >> and do you think that -- somebody put this idea out here. and this idea is really vile. i'll use the right word. i think you'll agree. here's the idea. let's go off the cliff, just for purely political reasons, nothing happens immediately, and then, you know, you all come back in session in early january, and you give the middle class a tax cut, and you give the wealthy a tax cut, they'll pay more than they're paying now but less than $39.6. is that possibly what both sides are angling to? >> you use the word vile and i'll echo that word. i think going over the cliff is a sdasster. i think social leaders negotiate the best deal they possibly can, and let's try and get this done. i would not be for playing a game of chicken, if you will, or trying to fool the american people who are pretty dad gum smart when it comes to these sorts of things. >> do you fear the right wing of your own party, a wing that says any revenue, as you heard jim demint say, no revenue, not part of the deal. do you think t
't where we need to be yet when the it comes to abandoning all the hope. i think the postfiscal cliff world has -- not to matter. those people are polyannas. i think we go into a recession with lots of layoffs and the fiscal cliff was designed to compromise. the cliff was designed to scare legislators into rising above politics and compromise. everyone knew about the growth. just like in europe. means it could be, in fact, reduced dramatically. fewer jobs, larger deficit. not smaller. and the federal reserve that's throwing up its hands, can't do anything. as i said last night, it doesn't matter. we can pick our stocks and buy them down. like the fabulous names, amazon, ulta salons. buy them down in scales like i outline in the book "real money." now suggesting other groups giving you a bang for the buck. new groups betting that the hope will be squeezed out and the bottom gets put in before a deal is made -- or not. why not? we know the auto market is for 11 years now and we have been sweet on ford domestically. before sandy. where are we internationally? europe. what are some of the other
to know wh it comes to the fiscal cliff. is youu 401(k) in daer? stay with gerri: as lawmakers look for ways to raise reven in the fiscalliff talk will they endup iding your retirement gerri: well the fiscal cliff negogotiations grinding on and on there seemto be grong buzz the govnment will soon raid, get this, retirementaccounts in order to raise revenue. it is actually happe before in other countries but could it happen here? nathoenig is a fox news contributor and founder of the hedge fund, catalist pig. jonathan, welcome back to the show. >> thanks, gerr gerri: what would you put the possibility of congress coming after our 401(k)s a it is a big pot of money? >> it is an immense pile of money, gerri. we know they're going after our invests, right? raising taxes on dividends dapital gains. given the president's collecvism i feel so sort of direct confiscation of people's 401(k)s is not impossible t begin with. it is a temendous amoun of weth. at the very lett might eliminate tax defermen people enjoyed. further down thespectrum could be o rit wealth tax. it happened many times i
cliff conference. and remember he meets with them top ceo's. coming up the one issue where president obama is refusing to budge in those fiscal cliff negotiations. >>> right now 5:07. we want to check back in with tara who is in for sal. definitely wet roads out there. >> reporter: we do have an accident to report. this is a big rig verses a small pickup truck and an ambulance is on the way. we understand there are injuries involved. here it is right here. 880 northbound near the grand avenue exit. we had somebody needs an ambulance basically. we are keeping an eye on it. all right. up next we will take a live look at 280 in san jose. you can see traffic is actually flowing nicely in both directions. and it's 5:08 let's check in with steve. >> thank you tara. >>> our system is finally moving. this is the last one. it cannot hold a candle to the three that came in before. i will show you rain totals in a second. light rain, drizzle, fog, cloudy. once in awhile moderate rain falls. our system the most amounts were left in the north bay. quarter to an inch of rain. lighter amounts will
incomes. significant increases in both are scheduled. as you think about the fiscal cliff and what is coming, one of the few places you can see people responding to it is in their behavior around capital gains and dividends. companies are moving up to how, shareholders take a vintage of a lower rate. i expect you will see more investors realize lower capital gains in order to get lower rates. there is clearly money there. there is clearly money that has interesting, distributional characteristics. that tends to be money that comes from higher income folks. as you think about the political process trying to structure when a package with a revenue goal and a distribution goal, my prediction is you will see at least some of those increases occur. i personally would be surprised if the dividend rate went back up to ordinary rates. the senate would allow it to stay at the capital gains rate, and go it to 15% to 20%. the president initially proposed cutting dividends they the same as capital gains. -- proposed letting dividends stay the same as capital gains. my guess would be that that
to deadline. there will be a deadline, the so-called fiscal cliff, coming up and the president has announced that we don't have enough time to do entitlement reform, we don't have enough time to do tax reform, we don't have enough time to do immigration reform. well, when are we going to start? when is there going to be a committee hearing designated towards entitlement reform? i've been here two years. there's no such committee. when will there be committee hearings and meetings on immigration reform? there won't be time, deadlines will pass. but why not break things up into smaller pieces? why have to have some enormous fiscal cliff, or whatever, that everybody has to agree to a thousand moving parts? we are of different persuasions, of different parties, of different beliefs. we're never going to agree on a thousand things. why don't we start passing some things we can agree to? this is a small step forward. we can pass this bill today. do you have an explanation that you can help me to understand why we have to have empty partisanship, why we can't move forward to pass some small things
this country. oking at the real nbers the fiscal cliff. werojeed it out over 10 years if we sow you the big fufull screene made and numbers look pretty scary from tax perspective ther if we went er the fiscal clit would increase taxes 5.6 trillion. that is 10-year period. fairly say no one believes we would staon the road for 10 years. i want to do it so you do side by side comparison. spending cuts 1.2 trillion. the president wants to raise taxes 1.6 trillion. cut spending by 600. the house plan looks like sort of a flip-flop of that. what do you think of all these numbers. what do u make of it? what is your first impression? >> i think the point that you made is almost in passing is very ey point. thesese areprections. the 10-year projections. when was last time in washington 10-year spending projections actually came in at or low what the projections wewere met to be it never happens. sames true o the revenue side wit taxes. i think the numbers we're lang out here are probly the quote, uuote best-case scenario terms of what could actually hapn. just in terms of the pure math. not in te
to come to an agreement on the debt ceiling or -- and on the fiscal cliff? forget it. >> it was remarkable to see how this happened yesterday. i will read from john stanton's twitter feed our friend from business feed. i was there -- buzzfeed. his presence could push it over the edge. dole was there watching them vote. after he left the floor, he said the republicans very quietly got up, didn't vote from their desk. they got up quietly walked up to vote. he said that was remarkable because nobody wants that video in a commercial of them voting against bob dole, against people with disabilities. >> yeah, senator moran now, i forget his first name from texas who, i'm sorry from kansas jerry moran of kansas. i think he has the bob dole seat. he put out a press release with john mccain praising the treaty when it was first brought to the senate. he voted against it yesterday. these guys are courts and mean and they don't care. they don't care about the disabled either. my point is, again, this is the gang that the president has got to do bu
with nancy pelosi. and the republicans so-called fiscal cliff compromise. stay tuned. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] break from the holiday stress. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> elizabeth warren is close to locking up a spot on the banking committee. sherrod brown of ohio on what it means for consumers. >>> and later senator john kerry takes on republicans for voting down a treaty to protect the rights of the disabled. howard fineman on what senator kerry calls one of the saddest days in the senate. share your thoughts with us on facebook and on twitter. we're
: there is no fiscal cliff. there is a fiscal slope. the earth doesn't stop spinning, the sun will come up, the moon will come up and we will have to do things in john. taxes will go up and the democratic party and hopefully some responsible republicans will vote to make certain that we remove this tax cut that would take place. >>eric: no talk about responsible democrats to stop spending so were, or cut back the spending, not just cutting back the increase rate in spending but item spending cuts. >>guest: the rate of increase doesn't have anything to do with the spain people are suffering whether they are middle class or poor. we were talking about the so-called fiscal cliff, if that happens, automatically taxes are going to go up for everyone. maybe, then, someone would ask, who was it that said we shouldn't just pass the tax cuts to make certain that the working poor and the middle class get it, who stopped us and who pushed us over the cliff. it won't be the democratic minority in the house of representatives. >>eric: always good to talk to you congressman rangel. good to see you, sir. paying fo
issues around the fiscal cliff. we think it is really important that they get something done because, obviously, if tax rates go up on middle-class americans come next month, it will be bad for those middle-class americans, it is will be bad for our states, and we're concerned about both the fiscal side and the economic growth side. >> susie: so talk to us a little bit about what kind of deal you would like to see. what were you proposing to the president? >> let's put it this way, if money is just shifted from the federal government to the states, that's not really saving anything. and the president understands that. we think it is really important. recognizing if there are cuts in funds, there ought to be a corresponding reduction in some of the requirements that are put on the states. so we really, as much as anything else, wanted to make sure that our voices are heard and that as decisions are made, whether it is about taxes, whether it is about spending cuts, that they be done equitably and with our input. >> susie: your state is headquarters to many large american companies. an
, ross. i mean, you don't really know what is going to come out of the u.s. fiscal cliff, how damaging potentially that can be to u.s. confidence, u.s. activity. things seem to be holding up fairly well in china. but i think there is still going to be some concerns about the whole performance of the asian economy and whether that can actually pick up next year. and then, of course, in the eurozone itself, we seem to be mending the problems progressively and taking out the tail risks, which i think is good and that is the bottom line that investors should take going further forward, but at the same time, there are some elements that you can have. if you do a forecast, in a way you could come up with something like 1% quotes for next year, but at the same time, you have to be conscious that we've had such a battery of downside impact, downside negative news coming through really for all economists in the western world in the last few years. you have to be very cognizant of those. >> i think so. julian, we're going to leave because we have to get a break in and we've got to g to egypt as
the fiscal cliff? >> oh, absolutely. again, there's no prospect in an agreement that doesn't involve the rates going up on the top 2% of the wealthiest. all those americans get a tax cut under the framework under the first $250,000 of their income. in some sense, it's a tax cut for all americans. it's just for people who make more than that, we're going to ask them to pay a modestly amount more. >> that's hard to understand given how much going over the fiscal cliff would hurt the economy. why is going over the fiscal cliff worth it for just this one component? if you can get the other components, why wouldn't you take that? >> good question. thanks for asking. what we're trying to do is put in place a comprehensive balance set of fiscal reforms that put us back on the path to living within our means and create room for investing to make the economy stronger, make sure we're protecting medicare for future generations, and forcing the government to use the taxpayers' resources more wisely. in that context, you have to have a significant amount of revenues. we don't see a way of doing
the administration wants to see a deal come together here. >> for what, the fiscal cliff or the fiscal abyss? >> for both. >> for both. >> so that a down payment -- a compromise down payment on approximately $4 trillion. i think when you pull it apart, you have about a trillion dollars in discretionary spending that has mostly been agreed upon and you have taxes and the entitlements, the mandatory. >> the entitlements are the sticking point. whoa. did you see that? you think that's funny? >> set that up for you. >> you think that's funny, mac? you do this? look at this. this is booby trapped, man. it won't stay up. which can really be a problem. you can laugh at that. it's okay. nobody's watching. it's 6:00 a.m. that got you going. >> when you look through, i guess the devil is in the details in terms of what you're looking at in spending, cuts, entitlement cuts and with the tax increases, and you're right, both sides have put a plan on the table. they're pretty far apart, but at least now you know there's some framework for how you get to the middle. what do you think, 1.2 trillion in tax i
. the fight over the fiscal cliff shows no signs of easing. coming up at the top of the hour we're expecting to hear from house speak er john boehner and house republicans, who have been meeting this morning. they're not happy with the negotiations. president obama says no deal will be reached without higher taxes on the wealthy. >> a new twist in the case of internet mogul john mcafee, millionaire on the run from police in belize, who want to question mcafee about the shooting of a man, but say mcafee is not a suspect. >>> typhoon kills 274 people in the philippines. it destroyed homes. it left washed out road, downed power lines and lots of damage. >>> dr. phil's stolen '57 chevy has been found. the chevy belair in los angeles while investigating stolen cars. targeting repair shops and making off with the cars. dr. phil's chevy has minor body damage butto otherwise is in good condition. >>> tradition in south carolina was way too much for one giraffe. it was all caught on camera. ooh, melman the giraffe started shaking and jumping up and down at a tree lighting ceremony. in the end, the gi
's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again.at but a big drop in apple shares kept the nasdaq fromains.. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. that number blows away the initial estimate of 1.9%. erika miller takes a closer look at how technology is helping to boost safety and productivity. >> reporter: three years ago, this long island hospital had a problem: healthcare workers weren't cleaning their hands as often as required. >> 100,000 people die each year in the united states from hospital acquired infections. that
it comes to tough talk about the republicans in the midst of the fiscal cliff negotiations and at one point, using the v word saying he would veto any bill coming to his desk, not including the higher taxes for wealthier households, shawn. >> thank you, tom fit gerald. >>> the cuban government is accusing washington of lying about the health of a maryland man in a cuban prison. allen gross is detained in havana for three years after being convicted of acting against the cuban government. a cuban diplomat said that gross will not be released without conditions and the government is willing to discuss a trade. gross in exchange for five cuban intelligence agents in a florida prison. >>> as the 5 continues, a breast cancer breakthrough. why a popular drug could change the way some patients are treated. >> it's not always easy to get motivated to exercise. stick around, an inspirational man who lost 310 pounds coming up. >> and prank callers managed to dune a worker -- dupe a worker at kate middleton hospital. >> and get ready for a cold overnight. as it looks like suburbs will be headed down i
: maybe something good can come out of the fiscal cliff. online gambling gaming in the negotiations. cheryl: man-made seven figures, we will tell you how much it brought in. i love it. it is fun. dennis: i would much rather watch them dance. it's a new day. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact whe axiron is applied as unexpected signs of puberty in children or changes in body hair or creased acnen women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful
with a look at what's coming up on "starting point." >> we'll talk about the fiscal cliff, the president's demand wealthy americans pay more in taxes. is he willing to compromise with republicans? we'll talk to stephanie cutter the deputy campaign manager from the re-election campaign. also we'll talk to republican congressman from texas jim hensarling. a horrifying moment ends up on the cover of "the new york post." look at the picture of the man in the shot moments later who would be killed, crushed by that train. was "the post" wrong to publish this picture? teachers should they have to ta take tests before they practice teaching like doctors and lawyers? a recommendation in a new report from comes from the american federation of teachers. we'll talk about that with the president of that organization randy weingarten. >> passing the bar, like an attorney passes the bar, should teachers have to pass the bar. >> that's how they explain it. it is like a bar for teachers. >> see you soon. >> 27 days until we fall off the fiscal cliff and neither side seems any closer to coming to a deal.
. >>> we begin this half hour with latest on efforts to avoid the fiscal cliff. the plan being put forward is now coming under fire from within his own party. president obama says there will be no deal unless republicans drop opposition to raising taxes on wealthyest americans. we have more now from washington, d.c.. >> was the white house and congressional republicans put forward a plan to avoid the fiscal cliff, now, they're miles apart, gaining in their heels. the president told bloomberg tv a deal is possible, but... >> this proposal now is still out of balance. >> the plan sent yesterday offers a total of 2 tth $2 trillion in deficit reduction including $1.2 trillion in spending cuts. and00 billion in new tax revenue no. rate increases in top two percent of taxpayers. that is nonnegotiatable for the president. >> we're not going to be able to get a deal without it white house says the math doesn't add up. >> it's magic beebs and fairy dust. >> with just 28 days until deadline, negotiations reach aid stalemate. >> there is nothing going on privately that is not going on publicly. >> th
that fiscal cliff and all of those bad things come to bear, the tax increases and the spending reductions, collectively they make $607 billion. and if we apply that to next year's deficit, we still won't reduce next year's annual deficit to the level of what used to be the highest deficit in american history run up under the bush administration. we can roll right over the fiscal cliff, create $607 billion in savings we didn't have before, and we still won't have reduced our annual budget deficit to what was formerly the highest budget deficit in american history before the obama administration. that's how far out of whack we are. i'm not trying to blame the president for that. i think there is some blame here, there is blame everywhere. i only say the obama administration so folks understand this is a problem that has existed as long as i have been alive, we have been running systemic deficits. but in the bush administration we were running the highest deficit in american history and today they are four times larger. and if we roll over the fiscal cliff and everyone says it's going to be
away from the , but the decision away from the fiscal cliff, but the decision has people you can read more wjla.com. on click on the fiscal cliff link at the top of the page. two senators were on capitol hill today. they appeared before a senate .ubcommittee for called for aid communities on the eastern shore. they are still suffering from the aftermath of sandy. they testified, along with fema, about the immense challenge of rebuilding after sandy. there'll be significant challenges with housing. does he assistance with housing is limited. the maximum amount that tammy's is about $31,000 if they have insurance. -- the maximum amount that can have is about dirty $1000 if they have insurance. it was not a hurricane when sandy made landfall. police say a man onto subwayer tracks. that man has been arrested. naeem davis pushed a man onto the subway tracks. he is homeless. police suspect he has mental problems. according to testimony given by a former marine corps , lawyers say he has spent nine months in confinement with no close. the government says it was done --keep manning i>> it in
the president and congress will not come to an agreement on how to avoid the fiscal cliff by the end of the year. 49% to 40%. >>> although the nhl season is still on ice, hockey will return to the hp pavilion in san jose. that's because the minor league will play a game december 17th there. they will take on the stockton thunder. the sharks say their season ticketholders can receive complimentary passes. there's still -- complementary passes. >>> 8:19. who is the most overpaid actor in the world? well, "forbes" magazine says it's eddie murphy. they list murphy at the top of the 2012 list of the most overpaid actors. they said his last three movies were flopped and for every dollar he was paid, the studios only paid $2.25. katherine heigl came in number two. for every dollar she earned, the studios earned about 3.40. reese witherspoon, her latest movie "how do you know" took in $50 million but it cost the studio more than double to make it. >>> well, controversial comedian katt williams says he's done. he's quitting standup comedy after yet another run-in with the law. >> i'm just gonna go ahead
:19. >>> lawmakers on capitol hill have less than four weeks to avoid the dreaded "fiscal cliff." if democrats and republicans don't reach a budget agreement by year's end, across-the-board tax hikes and budget cuts will automatically kick in. house speaker john boehner offered a republican proposal this week. but the president and democrats dismissed it because it includes no tax increase for the wealthiest americans. >> 60% of americans support asking millionaires to pay slightly more. >> there's only one person out of 307 million americans who can sign something into law, the president. >> boehner will meet with small business owners and the president speaks at a conference of corporate ceos. >>> citigroup is cutting 11,000 jobs. the bank says it's looking to cut expenses and improve efficiency resulting in $1 billion in charges. it's part of the restructuring. the company also said it plans to close branches. >> wow. >>> it is 6:21 now. we have a new multi-million dollar man. which giant signed a three-year deal with the team? >> plus, skills on and o
cliff? 40% of you say yes, 60% say no. >>> coming up, this could be one of the dumbest votes the republicans have ever cast in the history of the senate. we'll talk about the big win and the emotional reaction from moderates. that's next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful
in the situation room. they're working very hard to avoid the fiscal cliff. thanks so much for coming in. for so long, republicans wanted to extend the bush tax cuts forever, now for 98% of the american people, the democrats are saying, we're ready. we've given up, we'll let you have those bush tax cuts for as long as possible. let's just resolve that, we'll move on to some of the tougher issues later. let's make sure that 98% of the american families have these lower tax rates into next year. why not give that? >> the debate over those top two pshsz, is really a strong man debate. what we need is tax reform in america. we need a simpler less complicated tax code. >> i agree with you. we need a tax reform. why not resolve this one issue, make sure taxes don't increase for 98% of the americans, 100% of americans for their first $250,000 a year. let them have that, and then move on to tax reform and some of the other issues. >> i think it's important not to confuse a quick fix with a real fix. we could increase the top 2% their tax rates to 100% and it would cover 91 days worth of spending. it doe
, that is why we are not getting some of the movement which is movement on the fiscal cliff front or the economic directly saying the upside is warranted. david: they were thinking of apple as utility, something where people were betting on one of the reasons it has come down a lot because a lot of the margin bets made on apple are now disallowed because it is no longer a sure thing. it's what is happening to apple significant for all? >> what i would say is apple is the stock to watch tomorrow.3 there could be some considerations were they move their experiments but the long and short of it is tomorrow apple has closed on its lows. this could be an opportunity, this washed out all of those you just discussed that were leveraged, washing those out and could see tomorrow institutions come in because they would have to be helped. david: nothing is a sure thing. we learned that housing and now with apple. liz: he says watch for a bounce tomorrow, we will see if he is right. david: let's bring in the market panel. he is active etf comanager and the capital market research director. go
if negotiation go his way or if we go over the fiscal cliff, either way, america loses. not so fast, i think we have choices. that is it for us, thank you, we'll see you tomorrow night, good night from new york. neil: think fat cats are still angry at the president? fat chance, what if i told you a lot of sucking up to the talk about off the wall or should i say off the wall street, welcome neil cavuto here, and charlie gasparino had it right, there is no squirmier, bunch than those on wall street. they were throwing any money they had to make sure that barack obama would be a one termer, but now all but core coreon core -- cronning him all some with between emperor and king. a growing number of financial types figuring now that the president is in, best both sides sort things out by caving in. on everything from higher taxes for the rich, that is fine. higher investment related taxes on everyone, have at it. more stimulus, why not. why this folding like a cheap suit now? maybe because the financial suits figure to go along so just get along. i think that elections have consequences, i did not
. >> regardless of how fiscal cliff negotiations work out, for the first time ever, the irs will impose a new income surtax on all investment gains including your home. 159 pages of rules for one tax. this cannot be good. here now is the author of the book democracy denied. 159 pages. am i right it is going to include gains on your home? in fact this rule looks like it is going to cover more ground than originally thought. this surtax? >> well, you still have an exclusion on the tail of a primary residence. above that, it would be subject to this surtax. independent income. the rules are surrising. all rental income, you are going to have to pay the surtax on that rental income. depending on what happens with fiscal inclusive, we could be looking at 43.4%. all of this stuff, income is going to go up. there is a 0.9% payroll tax for people above $250,000. explain this to me. these investments aren't they already tax ee eed once? when you put it into corporate assets, you put it into corporate stock. this is an additional layer of tax on already taxed income. to worsen that, worsens that treatm
you. the meltdown that was sure to begin. my next guest says the fiscal cliff is simply y2k fear. joining me now is a chief investment officer. we have had other people talk about it similar to y2k. why do you feel that it is not something to worry about right now, from an investor standpoint. >> first, i think the deal is already settled in was settled a while back. everyone who has negotiated knows that is what goes on. from an investor point of view, i think you will find that the tax rates don't go crazy like everyone thinks. the dividend taxes, for example, you will have 23.5%. all of these captains of industries, what happens when it turned and looked around and say it really was not such a big thing. what will they do? will they go away from dividends and not have anything that has interest. liz: even with a potentially higher tax rate, you are still getting more than 1.6% or 1.7%. >> exactly. look at how many times in history we have had higher dividend taxes. the rate will hit around 20%. it could go as high as 36 or 39%. with that said, 200 companies, roughly, are accel
Search Results 0 to 49 of about 90 (some duplicates have been removed)

Terms of Use (31 Dec 2014)